Guangxi Wuzhou Communications Co.,Ltd.’s Net Profit Rose 7% in First Half of 2023

Guangxi Wuzhou Communications Co.,Ltd. (广西五洲交通股份有限公司) (600368.SH) reported a net profit of 343.8 million yuan in the first half of 2023, up 7% year-on-year.

Meanwhile, the company posted 767.4 million yuan in revenue, up 2% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 36%.